On previous Kitco News appearances, Mashinsky had accurately predicted that Bitcoin would retrace $30,000 before climbing back to $70,000.
“Crypto has become a haven for illegal activity. Unlike theft, drug trafficking, ransom attacks and other activities have all been made easier with crypto,” she said at a recent Senate Banking Committee hearing.
We can choose to use it as a hammer to break windows but all that’s going to do is allow other countries to move faster than us,” he said.